Mach Natural Resources (MNR) Cost of Revenue (2022 - 2026)
Mach Natural Resources' (MNR) quarterly Cost of Revenue came in at $100.9 million in Q1 2026, up 107.03% year-on-year from $48.8 million in Q1 2025, and down 5.21% on a QoQ basis from $106.5 million in Q4 2025.
Mach Natural Resources (MNR) Cost of Revenue (2022 - 2026) Analysis & Trends
Mach Natural Resources (MNR) has 5 years of Cost of Revenue data on file, last reported at $100.9 million in Q1 2026.
- On a quarterly basis, Cost of Revenue rose 107.03% year-over-year to $100.9 million in Q1 2026; TTM through Mar 2026 was $316.0 million, a 67.62% increase from a year earlier, with the FY2025 full-year figure at $263.8 million, up 46.14% from the prior year.
- Cost of Revenue for Q1 2026 stood at $100.9 million, down from $106.5 million in the prior quarter.
- Over the last five years, Cost of Revenue for MNR reached as high as $106.5 million in Q4 2025 and fell as low as $27.8 million in Q2 2023.
- Historically, Cost of Revenue has averaged $48.6 million across 5 years, with a median of $44.0 million in 2024.
- Across the five-year window, Cost of Revenue gained 1.58% in 2023 and surged 116.3% in 2025, its largest moves.
- Year by year, Cost of Revenue stood at $27.9 million in 2022, then surged by 36.5% to $38.1 million in 2023, then rose by 29.18% to $49.2 million in 2024, then jumped by 116.3% to $106.5 million in 2025, then retreated by 5.21% to $100.9 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $100.9 million in Q1 2026, $106.5 million in Q4 2025, and $59.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 6.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 24.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 326.00 Mn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 356.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 385.02 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 894.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 185.00 Mn |
| 10 | Mach Natural Resources | 2.25 Bn | 2.19 Bn | 184.99 Mn | 100.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 100.93 Mn |
| Mar 31, 2026 | 100.93 Mn |
| Dec 31, 2025 | 106.48 Mn |
| Dec 31, 2025 | 106.48 Mn |
| Sep 30, 2025 | 59.00 Mn |
| Sep 30, 2025 | 59.00 Mn |
| Jun 30, 2025 | 49.57 Mn |
| Jun 30, 2025 | 49.57 Mn |
| Mar 31, 2025 | 48.75 Mn |
| Mar 31, 2025 | 48.75 Mn |
| Dec 31, 2024 | 49.23 Mn |
| Dec 31, 2024 | 49.23 Mn |
| Sep 30, 2024 | 44.03 Mn |
| Sep 30, 2024 | 44.03 Mn |
| Jun 30, 2024 | 46.50 Mn |
| Jun 30, 2024 | 46.50 Mn |
| Mar 31, 2024 | 40.76 Mn |
| Mar 31, 2024 | 40.76 Mn |
| Dec 31, 2023 | 38.11 Mn |
| Dec 31, 2023 | 38.11 Mn |